How do you decide a project's value?

[vegasus]

Majorly I have to go through the deep search as my usual routine before investing on any project, things am going to channel my findings on are the following:

1. The developers of that project
2. The monetary value or funding it has
3. Duration and purpose for creating the project
4. The market capitalization as well as daily turnover and market volume
5. Risk assessment as well as their previous projects being successful.

In fact, if this is a good project, we must pay attention to these things, because our investment in altcoins is certainly very considerate, based on the risks that we might get. Yes, at least, we must be that careful in analyzing new altcoins with projects that are truly trusted, potential, and also have good use cases.

It's just that if it's a meme coin, I'm quite confused about it all. Because often it doesn't depend on use cases, fundamentals, and others. But if it's a meme coin, it's more about how the team will promote the meme coin and make it hype and have a lot of communities. Because meme coins are usually influenced by the high community and hype so that they can enjoy the price and have value. I don't know whether it will last or not, but at least after the price of meme coins increases, it's best to immediately take profits at a certain increase target.

[Aanuoluwatofunmi]

What do people make of projects that operates in multiple niches, and how do investors approach them?

A good example of what I mean would be Stonks, which is a meme coin on Solana but also has a feature streamlines asset monitoring, and provide tools that  makes DeFi more accessible.

I'm sure there are other examples as well, but the question is does this make projects like these all the more valuable?

Most of us only work by what we fetch online concerning a crypto platform, we can get some convincing as well as controversial information about a crypto project same online, but what most people do before investing or deciding on one is when they receive a recommendation from others to give a try, or maybe they know about the developer team from their past experience on other projects handled by them.

[gunhell16]

Do not invest until you are prepared to lose all the money you have invested. This is a high risk investment and you are unlikely to be protected if something goes wrong. Currently some new project token price is followed from pre market and it can be quite easy to raise or lower the price of that token. If there is more hype then pre market gets higher price and after listing big dump. For example, the pre market price of hotcoin is close to $18 which is unbelievable because the supply of this token is maybe 21m. So this token may not have this price after trading starts because many people will get big airdrop reward here.

Well looks like you were up to something, the listing price did very well, and it's currently around $190, the good thing is, for me I didn't even have to spend extra, my exchange has a promotion where you can lock ETH and get the token, I still hold ETH, so that's what I did with the PoolX on Bitget.

But I do get what you mean with the thing about hype and how it affects the pre market price, although I struggle to remember if there was a premarket for this particular example.

Currently most of the projects are coming from telegram tap to earn and the pre market price and listing price of these tokens are not same. The pre market price and volume of these tokens should not be right and your investment could turn into a loss. You can adopt any strategy for investment as profit or loss will be borne by you. Hype currently refers to telegram tap to earn game, where lots of people are participating and following this hype new projects are getting lots of investors. All these projects are quickly entering the exchange market and getting big dumps within shot time.

right, the usual things that happen in pre-market exchanges do not happen on the day of its listing on the exchange in spot or futures. Until now, that's what happened where after listing on the exchange, there was a massive dump, the price they had always increased in contrast to the pre-market.

So it is not advisable for me to buy in the pre-market, most of the time those who buy in the pre-market end up losing money after listing on the spot exchange platform.

[gunhell16]

Majorly I have to go through the deep search as my usual routine before investing on any project, things am going to channel my findings on are the following:

1. The developers of that project
2. The monetary value or funding it has
3. Duration and purpose for creating the project
4. The market capitalization as well as daily turnover and market volume
5. Risk assessment as well as their previous projects being successful.

Thank you for the criteria guidelines that you have given, this is a big thing for newbies who are entering the crypto industry to invest in new projects that are entering the crypto industry. I hope other community members here in this section can read this and share it with others so that at least they have an idea.

This should also be our basis as investors who are looking for an opportunity to grow more our capital here in the crypto space that we are also part of.

[milewilda]

What do people make of projects that operates in multiple niches, and how do investors approach them?

A good example of what I mean would be Stonks, which is a meme coin on Solana but also has a feature streamlines asset monitoring, and provide tools that  makes DeFi more accessible.

I'm sure there are other examples as well, but the question is does this make projects like these all the more valuable?

Most of us only work by what we fetch online concerning a crypto platform, we can get some convincing as well as controversial information about a crypto project same online, but what most people do before investing or deciding on one is when they receive a recommendation from others to give a try, or maybe they know about the developer team from their past experience on other projects handled by them.

Usually we do get hooked on investing into some meme coins or even other altcoins whenever its been that recommended by some influencer on which you wont really be caring too much whether its a meme or altcoin as long it could bring out that potential big profit then people would really be tend to dive in and this isnt really that new anymore. If we do really tend to see or look up on the overall volume of decentralized exchanges alone then you could really be able to say that there's soo much interest on meme coins. Speaking about projects value or lets say either l1 or l2 's then it will really be that up to you whether you do consider out on investing into it or not.

[TomPluz]

I am predicting that memecoins will continue to be dominating the cryptocurrency market and will be on the news bigtime as more and more projects will suddenly soar into the sky and make their supporters and holders really rich. Of course, to level the field there will also so many others that will just die on the road never reaching their destinations or even the terminal of the bus, so to speak. Now, since memecoins are definitely going to be a major mainstay of this industry, maybe it is really time that we demand that they should also be producing solid use-cases that can be basis of the value they wanted to import. Being a memecoin does not actually mean that a project will have no value at all or be worthless as developers can easily cook something that they can offer on the table, again so to speak. In most cases, it is actually the community that put real value to the project and not just us individually.

[taufik123]

-snip-
I'm sure there are other examples as well, but the question is does this make projects like these all the more valuable?

If it has clear and unique utility or has good enough benefits, the value of the project will be greater.
But of course it will not be seen quickly because it takes time to develop if the memecoin project is really developed.
Because now many memecoins will only be scams after being launched.

And another example that makes a project valuable and really a project of choice is to look at whom the developer is and what kind of community the project has.

If the devs are very active and continue to develop the project and are always there for the community, it will be a profitable future project with higher value. Especially if the project developer is doxxed on himself so that everyone in the project community knows who the developer is, thus increasing trust in the project being built.

[bayu7adi]

If it has clear and unique utility or has good enough benefits, the value of the project will be greater.
But of course it will not be seen quickly because it takes time to develop if the memecoin project is really developed.
Because now many memecoins will only be scams after being launched.

And another example that makes a project valuable and really a project of choice is to look at whom the developer is and what kind of community the project has.

The community becomes its base, while the business model applied becomes its goal... both are indeed very related, however, for projects with various services it cannot show its specialization which makes it a little more difficult to grow... it is true, some services are covered, but a client still needs a platform or place that has a specialty to solve the problems experienced by the client... IMO, too many services actually make it a little more underestimated because it is not confident in highlighting its advantages.

A good community base will have a big influence, even though the goal is ordinary, if it has many supporters, there will also be many investors who are interested in developing the platform...

[milewilda]

-snip-
I'm sure there are other examples as well, but the question is does this make projects like these all the more valuable?

If it has clear and unique utility or has good enough benefits, the value of the project will be greater.
But of course it will not be seen quickly because it takes time to develop if the memecoin project is really developed.
Because now many memecoins will only be scams after being launched.

And another example that makes a project valuable and really a project of choice is to look at whom the developer is and what kind of community the project has.

If the devs are very active and continue to develop the project and are always there for the community, it will be a profitable future project with higher value. Especially if the project developer is doxxed on himself so that everyone in the project community knows who the developer is, thus increasing trust in the project being built.

Utility and relevance will really be that something that main thing that you should consider out on making up some decisions in regarding about investing into a certain project. We do really know that when it comes into this aspect this is where you can tell that it could be getting that recognition but of course utility wont be everything in speaking about projects success because we do know that when it comes to other aspects on which this is also considered out to be one of the factors that make a project to be successful specially if we do speak about hype and community support. We've seen some projects that turned out to be just like a joke like on meme coins but it do suprisingly be able to achieve into those prices on which surpassing even into those coins that have good utility and this is where people really get fond of with.

[Mr. Magkaisa]

What do people make of projects that operates in multiple niches, and how do investors approach them?
A good example of what I mean would be Stonks, which is a meme coin on Solana but also has a feature streamlines asset monitoring, and provide tools that  makes DeFi more accessible.
I'm sure there are other examples as well, but the question is does this make projects like these all the more valuable?

Well if you are actually referring to pre market launch prices then I'll just cap it all at those are obviously over hyped and that is as a result of two different reasons. One of them is premarket trading. For the case of premarket trading it's easy for price to either shift upwards or downwards depending on the amount of investors trading it and the fact remains it's almost like a virtual market since most of the liquidity is assumed.

For regular price after launch, it's actually determined based on how much liquidity they have available in relationship to how much of the token or coin they have in supply.

      -      But you know mate I no longer do trading activity in the pre-market on an exchange that has such features, because it often happens that its price in the spot market is lower than the pre-market listing on the spot, I have seen it several times and I have also experienced investing in the pre-market once.

So now, instead of buying a coin that is new to the crypto industry in the pre-market, I will just wait for it to be listed on the spot exchange because at least we will minimize our risk for sure.

[bitterguy28]

We've seen some projects that turned out to be just like a joke like on meme coins but it do suprisingly be able to achieve into those prices on which surpassing even into those coins that have good utility and this is where people really get fond of with.

yeah but until when do they hold themselves up? when the hype dies down and there is nothing else for the investors to do with the token its value will diminish because to put it simply it is just useless now if you want to buy memecoins solely made from memes from the internet then i would not advice against that but if you are planning to keep holding said memecoins then you might want to reevaluate on that because what you can only do with memecoins is profit off from its early days but any longer and you will just see losses

[milewilda]

We've seen some projects that turned out to be just like a joke like on meme coins but it do suprisingly be able to achieve into those prices on which surpassing even into those coins that have good utility and this is where people really get fond of with.

yeah but until when do they hold themselves up? when the hype dies down and there is nothing else for the investors to do with the token its value will diminish because to put it simply it is just useless now if you want to buy memecoins solely made from memes from the internet then i would not advice against that but if you are planning to keep holding said memecoins then you might want to reevaluate on that because what you can only do with memecoins is profit off from its early days but any longer and you will just see losses

Holding up meme coin is really that very risky because we do know that when hype dies down then you do end up on holding up some shit coins into your wallet but there were people who are really that being positive and thats why they are holding their meme coins on which there are really some instances that there are meme coins that looks dying or totally done for but ending up on having some sudden recovery on which this will be that resulting on bringing up that huge profits into those people who had bought on the bottom. There's really those circumstances but not all the time and thats the reason on why people will really be having this kind of approach and desperation when dealing up with meme coins.